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ACAR housing stats for February 2015

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The outlook for the Boise area housing market continues to look positive based on February’s stats. Homes sold jumped from 425 in January to 507 in February. Additionally, total pending sales increased an impressive 26.8%. While median price and number of days on the market stayed fairly consistent, available inventory dropped to 3.8 months, becoming more favorable to sellers. Here is a quick look at February’s primary stats:

• 507 Homes sold in February
• $224,900 is the Median Price
• 3.8 Months of Available Inventory
• 67 is the Average Days on the Market

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